NIFTY OUTLOOK FOR 9TH MAY 2012
BANK NIFTY FUTURES
The expected sharp fall in Nifty: Udayan Mukherjee
CNBC - Managing Editor, Udayan Mukherjee TV -18 in the NIFT on Tuesday was a huge blow. 18 years after the first of January, the Nifty closed below 5,000 level. So it is difficult to say that Google will be able to maintain the 4900-5000 level of support. Nifty likely to be below the 4900-5000 levels can not be ruled out.
According to Udayan Mukherjee, Brent crude to fall in the market can not be more encouraging. After the initial fall in Brent crude was down from $ 113. The European markets as there are negative signs.
For free calls and updates watch this http://stock-market-calls.blogspot.in/2012/05/stock-market-calls-nifty-outlook_08.html